Shares of Technology sector company Energous moved 3.1% today, and are now trading at a price of $1.99. The small-cap stock's daily volume was 22,685 compared to its average volume of 61,276. The S&P 500 index returned a -0.0% performance.
Energous Corporation develops wireless charging applications. The company is based in San Jose and has 43 full time employees. Its market capitalization is $10,043,510.
2 analysts are following Energous and have set target prices ranging from $3.5 to $20.0 per share. On average, they have given the company a rating of buy. At today's prices, WATT is trading -83.06% away from its average analyst target price of $11.75 per share.
Over the last year, WATT's share price has increased by 95.0%, which represents a difference of 80.0% when compared to the S&P 500. The stock's 52 week high is $21.2 per share whereas its 52 week low is $1.51. Energous has averaged free cash flows of $-26677051.8 over the last 6 years, but they have been increasing at a rate of 6.7%. Nonetheless, more cautious investors will probably avoid this stock until the business becomes firmly cash positive.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) |
|---|---|---|---|
| 2023 | -21,878 | 171 | -22,049 |
| 2022 | -23,637 | 165 | -23,802 |
| 2021 | -28,720 | 366 | -29,086 |
| 2020 | -24,792 | 129 | -24,921 |
| 2019 | -26,621 | 196 | -26,817 |
| 2018 | -32,527 | 860 | -33,387 |
